Home >Business >Materials
Agencies
SHANGHAI — Maanshan Iron & Steel Co, the second-biggest Chinese steelmaker listed in Hong Kong, will increase coking coal imports this year, adding to rising global demand that's sent prices soaring.
By Hou Qingyang and Wan Zhihong
BEIJING — State-owned public utility, The State Grid Corporation of China (SGCC), plans to cooperate with Canadian miner Quadra Mining Ltd to jointly develop copper mines in Chile, to secure raw material supplies for electric cables and to expand its investment portfolio.
By ZHANG QI
BEIJING — Xiangguang Copper, a copper smelting unit of chicken supplier Shandong Fengxiang Group is planning to acquire a stake in Australian gold and copper miner CuDeco, to bolster its raw material supplies.
By Zhang Qi
Beijing — This year's iron ore benchmark talks will not end in agreement any time soon because Chinese steel mills will not accept a price that is higher than what the processed products can be sold for, Deng Qilin, the president of Wuhan Iron & Steel Group, said yesterday.
By Zhang Qi
BEIJING — Global miners have upped the ante in their forthcoming negotiations with Chinese steel mills by seeking a 50 percent increase in the long-term contract iron ore prices for 2010-11.
By Hou Qingyang
Beijing – The nation's largest metals trader, China Minmetals Corp, will set up a joint venture with its controlled company Hunan Nonferrous Metals Holding Group (HNG) to further consolidate its domestic nonferrous metals business.